Lacoste (
French pronunciation: [laˈkɔst]) is a French clothing company founded in 1933 that sells high-end clothing, footwear, perfume, leather goods, watches, eyewear, and most famously polo shirts. In recent years, Lacoste has introduced a home line of sheeting and towels. The company can be recognized by its green crocodile logo.
René Lacoste,
the company's founder, was nicknamed "the Crocodile" by fans because of his tenacity on the tennis court. In November 2012 Lacoste was bought by Swiss family-held group Maus Frères.
History
René Lacoste founded
La Chemise Lacoste
in 1933 with André Gillier, the owner and president of the largest
French knitwear manufacturing firm at the time. They began to produce
the revolutionary tennis shirt Lacoste had designed and worn on the
tennis courts with the crocodile logo embroidered on the chest. Although
the company claims this as the first example of a brand name appearing
on the outside of an article
the "Jantzen girl" logo appeared on the outside of Jantzen Knitting Mills' swimsuits as early as 1921.
In addition to tennis shirts, Lacoste produced shirts for golf and
sailing. In 1951, the company began to expand as it branched from
"tennis white" and introduced color shirts. In 1952, the shirts were
exported to the United States and advertised as "the status symbol of
the competent sportsman," influencing the clothing choices of the upper-class. Lacoste was sold at Brooks Brothers
until the late 1960s. It is still one of the most popular brands in the
United States, sporting the "preppy wardrobe". In 1963, Bernard Lacoste
took over the management of the company from his father René.
Significant company growth was seen under Bernard's management. When he
became president, around 300,000 Lacoste products were sold annually.
The Lacoste brand reached its height of popularity in the US during the
late 1970s and became the signature 1980s "preppy" wardrobe item, even
getting mentioned in Lisa Birnbach's
Official Preppy Handbook of 1980. The company also began to introduce other products into their line including shorts, perfume, optical and sunglasses, tennis shoes, deck shoes, walking shoes, watches, and various leather goods.
of clothing,
In the United States in the 1970s and 1980s, Izod and Lacoste were often used interchangeably because starting in the 1950s, Izod produced clothing known as Izod Lacoste
under license for sale in the U.S. This partnership ended in 1993 when
Lacoste regained exclusive U.S. rights to distribute shirts under its
own brand. In 1977, Le Tigre Clothing
was founded in an attempt to directly compete with Lacoste in the US
market, selling a similar array of clothing, but featuring a tiger in
place of the signature Lacoste crocodile.
More recently, Lacoste's popularity has surged due to French designer
Christophe Lemaire’s work to create a more modern, upscale look. In
2005, almost 50 million Lacoste products sold in over 110 countries. Its
visibility has increased due to the contracts between Lacoste and
several young tennis players, including American tennis stars Andy Roddick and John Isner, French rising young prospect Richard Gasquet, and Swiss Olympic gold medalist Stanislas Wawrinka. Lacoste has also begun to increase its presence in the golf world, where noted two time Masters Tournament champion José María Olazábal and Scottish golfer Colin Montgomerie have been seen sporting Lacoste shirts in tournaments.
Legal dispute with Crocodile
Lacoste had a long standing dispute over the logo and clothing lines with Crocodile.
Crocodile uses a crocodile logo that faces left while Lacoste uses one
that faces right. The two fought for the logo rights in China, but
eventually reached a compromise with Crocodile agreeing to change its
logo to have a more vertical tail and more scales for its logo.
*words via wiki. pictures via google.